National Institute Economic Review articles from April 2003

National Institute Economic Review archives from April 2003

The world economy. (At A Glance).
April 1, 2003... * The world recovery will remain weak: global GDP will grow by 3.2 per cent in 2004, the same as in 2003. * The US economy will grow by 2.5 per cent this year and by 3.5 per cent in 2004 * The Euro Area will grow by 1.2 per cent in...

The UK economy. (At A Glance).(economic forecast)
April 1, 2003... * The economy will grow by 2.2 per cent in 2003, accelerating to 2.8 per cent in 2004 and to 2.9 per cent in 2005. * The recent fall in the exchange rate should support growth in the short to medium term. * Interest rates are likely to...

Commentary.
April 1, 2003... Financial policy and growth prospects The first quarter of this year has been a period of volatility in financial markets, with sharp stock marker movements and a further depreciation of sterling. Economic growth has been rather weak and,...

The world economy.(dicusses recent developments and other economic issues)
April 1, 2003... Section I. Recent economic developments World output growth continues to recover from its trough in 2001, albeit rather hesitantly. The slowdown in output growth in 2001 was largely centred in the OECD, with the US, Japan and Germany all...

The UK economy.(forecast)
April 1, 2003... The production of this forecast is supported by the Institute's Corporate Members: Bank of England, Barclays Bank plc, Dixons plc, Ernst and Young LLP, GlaxoSmithKline, INVESCO Europe Ltd. Marks and Spencer plc, Morgan Stanley Dean Witter...

The role of information and communications technology inputs.
April 1, 2003... The impact of recent advances in information technology on output and productivity growth has been one of the key research questions in the past few years. A consensus has emerged that the use of information and communications technology (ICT)...

The growth of ICT and industry performance--manufacturing in the US and UK compared.
April 1, 2003... UK manufacturing productivity has for a long time lagged behind the US. Explanations put forward for the 'productivity gap' include disparities in capital stock levels, the quality of the labour force and different rates of technology adoption....

The employment of IT personnel.
April 1, 2003... The rapid advance and diffusion of new information technologies left pronounced imprints on the formation of human capital. Firstly, it favoured the growth of specific computer related occupations, secondly it raises the demand for higher...

The employment effects of the 'new economy'. A comparison of the European Union and the United States.
April 1, 2003... This paper provides an analysis of the trends in labour productivity and employment growth at industry level in the European Union and the United States during the 1990s. We analyse relationships for groups of industries, i.e. industries that...

The impact of ICT investment on establishment productivity.
April 1, 2003... This paper finds substantial effects of ICT investments on productivity for a large and representative German establishment panel data set. In contrast to the bulk of the literature also establishments without ICT capital are included and...

Statistical appendix.(Illustration)
April 1, 2003... STATISTICAL APPENDIX Data are included up to the end of he latest quarter, if they are available at the time of going to press. Table 1 Gross domestic product [pounds sterling] billion, 1995 prices, seasonally adjusted ...